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1 I 1 FEDERAL RESERVE BOARD For r e l e a s e i n morning papers Thursday, October 9 October 7« 1930 r&s r t p - JO DEPARTMENT STORES IN SEPTEMBER 1930 Preliminary r e p o r t Department s t o r e s a l e s in September were 7 per cent smaller than in the corresponding month a year ago, according to preliminary r e p o r t s made to the Federal r e s e r v e system by 532 s t o r e s l o c a t e d i n l e a d i n g c i t i e s of a l l Federal r e s e r v e d i s t r i c t s ; on a d a i l y average b a s i s s a l e s were 11 per cent smaller than a year ago. Sales during t h e f i r s t nine months of t h i s year were 6 per cent below the l e v e l of a year ago. PERCENTAGE INCREASE OR DECREASE FROM A YEAR AGO Number of reporting stores Federal reserve district September* January 1 to September 30* Total (538 s t o r e s ) - 7 - 6 53S Boston New York Philadelphia Cleveland - 9 - 2 - g -10 - 3 1 - 6 - 9 101 50 36 27 Richmond Atlanta Chicago S t . Louis - 9 - 4 -1.4 -11 - 3 - 8 -12 - 9 74 26 66 22 Minneapolis Kansas City Dallas San Francisco - - 7 - 5 12 27 17 74 3 7 7 5 - 8 - 5 •September f i g u r e s preliminary; t h e month had 25 business days t h i s year and 24 l a s t y e a r .
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